A mortgage is a loan to finance the purchase of a home, usually given by a bank or a mortgage lender. A mortgage has several parts, the collateral you used to get the loan (most often your home), the principal, interest, taxes and then insurance. A mortgage is basically an agreement between a borrower and a [...]
Learn about what home equity is, how it's calculated, how you build more, and why it matters to you.
What is a short sale? A short sale is the sale of real estate where the amount of the sale proceeds are less than the amount owed to the lender on the property. Typically a seller enters into an agreement to sell their home short of the total amount owed but in the process does [...]
Increase your home’s value and sell higher Many buyers assume that when they get to the home inspection part of the purchasing process, they will have the opportunity to pick the home apart and find its flaws. Tiny improvements around the home can boost the value of the property and make the inspection process go [...]
